A competitive firm maximizes profit at the output level where Options: A . &nbspPrice equals marginal cost B . &nbspThe slope of the firm's profit function is equal to zero C . &nbspMarginal revenue equals marginal cost D . &nbspAll of the above

A competitive firm maximizes profit at the output level where

Question

A competitive firm maximizes profit at the output level where

Options:

A . Price equals marginal cost

B . The slope of the firm's profit function is equal to zero

C . Marginal revenue equals marginal cost

D . All of the above

Answer: Option D

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